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Dinar Iraq & Dong Vietnam update, 16 May

So the elections are over, we did not get the reinstatement prior to. So now the new government is not yet formed. Will the CBI wait the entire 90 day process of forming the government (August) before moving to reinstate the currency? The Iraq elections are over. As we all should know the parliamentary elections were supposed to be run last November 2017, but due to ISIS they were postponed and combined with the presidential elections (Prime minister, speaker and president) on May12th. So far with most votes counted, a bloc headed by cleric Moqtada al-Sadr and another led by a militia leader are ahead, voting officials are quoted as saying.

They suggest Mr Abadi's governing alliance is running third. So did former PM Abadi win the elections? I am hearing his alliance by itself did not win however the way the election works, al-Abadi might still get to serve a second term and be appointed prime minister. This may be done by combining votes to the winning bloc. The winning bloc decides the candidate who will actually be the prime minister.We know that the religious cleric al-Sadr does not want to run the country as prime minister. He ran for office in a political gesture in order to take votes away from the other alliances. So Al-Sadr seems to have been successful in his tactic to hoard the votes and so now his bloc may get to choose the next prime minister. We suspect that al-Sadr will do this, but he has not yet made his announcement so it is not yet over until it’s over. So hang and in and let’s see how this all plays out today. I repeat it is not yet all official. Read More: https://dinaresgurus.blogspot.com/2018/05/dinar-iraq-dong-vietnam-update-16-may.html